#1
December 22nd, 2017, 02:19 PM
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PO Salary In State Bank Of India
Io want to know the pay scale of Probationary Officer PO in State Bank of India SBI so can you tell me?
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#2
December 23rd, 2017, 07:54 AM
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Re: PO Salary In State Bank Of India
The basic salary of Probationary Officer PO in State Bank of India SBI is Rs 23,700. Apart from this, Probationary Officer will get 4 advance increments of Rs 980 which is added to the basic. Therefore, the basic salary in total is Rs 27,620. SBI PO Salary 2017 – Pay Scale Starting basic pay is Rs. 27,620/- (with 4 advance increments) in the scale of Rs.23700-980/7- 30560-1145/2-32850-1310/7-42020 applicable to Junior Management Grade Scale-I. The candidates will be eligible for D.A, H.R.A/Lease rental, C.C.A, Medical and other allowances & perquisites as per rules in force from time to time. The total compensation per annum on CTC basis would be a minimum of Rs. 7.93 lacs and maximum of Rs 12.95 lacs depending on the place of posting and other factors. Earnings- Basic Salary = Rs. 27620 Dearness Allowance = Rs. 12677 City Compensatory Allowance (CCA) = Rs. 870 Special Allowance = Rs. 2140 Total Earning Before Deductions = Rs. 43307 Deductions- PF (10% of Basic) = Rs. 2,762 NPS (10% of Basic+DA) = Rs. 4,000 Income Tax = As per govt norms. Other allowances including Newspapers, Entertainment allowance, Conveyance etc = Rs. 4,130 HRA = Rs. 2,486 Benefits- The candidates apart from the renumeration are also entitled to the following benefits: Leased accommodation ranging from Rs 8,000 in ‘C’ Category centres to Rs 29, 500 in Metros Medical insurance for self is 100 % and for family is 75% Home Travel Concession/ Leave Fare Concession. Concessional interest rates for Housing/Car/Personal Loans |
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